"Our earnings this quarter were significantly impacted by changes to our assumptions and updates to our actuarial models. Over the past year, as part of an ongoing commitment to deliver operational excellence, we have intensified efforts to review and enhance our models where necessary", declared Alex Wynaendts, CEO.

The TALANX Group closed the first nine months of 2014 with an operating profit of EUR 1.44 billion, 4.9% more y-o-y. At the same time, the group's net income improved slightly to EUR 530 million, or EUR 2 million more y-o-y, while the value of GWP increased by 1.6%, to EUR 21.73 billion.

Multinational corporations with subsidiaries in Central and Eastern Europe (CEE) are now able to bundle their insurance activities through UNIQA. "We focussed on the retail sector in our first wave of expansion toward CEE. We have also offered customised insurance products to our industrial customers since 2011. Today, UNIQA is represented in fifteen Central and Eastern European markets and is among the top five insurance companies in eight of the region's markets", says UNIQA International CEO Wolfgang Kindl. "We are now taking yet another step through offering an optimum combination of international expertise and local customer support to European corporations that operate in these countries."

CROATIA Osiguranje, one of the most important insurers in the Adriatic region, ended the first nine months of 2014 with a consolidated loss after tax and minority shares of HRK 184.2 million (~EUR 24 million). According to the company's interim report, the negative result was driven by the decreasing premium income and adjusted value of financial assets, as well as by the higher provisions for unexpired risks and the provisions made for severance pays owed to the employees laid off due to the company's restructuring program.

According to the Group's press release of today, in 3Q 2014 the TRIGLAV Group recorded a 36% y-o-y growth in net profit and booked 2% less in gross insurance and co-insurance premium. In the reporting period, net profit of the Triglav Group amounted to EUR 77 million, whereas premium written totalled EUR 688.6 million.

The Polish PZU Group published today its interim financial report for 3Q2014 announcing GWP of PLN 12.16 billion, fairly equal to the 3Q2013 volume. On the profitability side the Group recorded a 7.3% y-o-y decrease of the net financial result. Excluding one-off events, the net result decreased by 0.6% y-o-y, while ROE was 26.4%, down 1.0 pp as compared with 3Q23013.

SWISS Re reported a 14.46% increase in net income to USD 1.23 billion for the three months to the end of September compared to the same period of last year, while for January-September 2014, the same indicator was USD 3.26 billion (vs. USD 3.24 billion in 3Q2013). At the same time, the value of earned premiums and fee income increased by 11.26%, to USD 23.42 billion.

ALLIANZ Group's total revenues amounted to EUR 92.2 billion in the first 9 months of 2014, an increase of 9.8% y-o-y. A remarkable growth was recorded in savings products premiums in the Life/Health business and higher volume-driven gross premiums was also written on the Property-Casualty business segment. This growth was slightly offset by the lower operating revenues mainly due to decreased performance fees and lower average third party-assets under management in the Asset Management business segment.

Despite the still uncertain macro-economic environment characterised by persistently low interest rates, the GENERALI Group's operating result increased to EUR 3.7 billion in 3Q2014, 12.8% up y-o-y, with a strong upturn in the third quarter, of 20.8% y-o-y.

For the first nine months of 2014, ZURICH Insurance Group reported a business operating profit (BOP) of USD 3.8 billion (up 7%) and net income attributable to shareholders (NIAS) of USD 3.0 billion - or 3% more compared to the prior year. At the same time, the combined ratio improved 1.2% y-o-y to 96.6% during the first nine months of the year.

"NN Group delivered a set of strong results demonstrating progress towards our medium term objectives. As part of the listing process resulting in the IPO of NN Group on 2 July, we presented our strategic financial objectives in June this year with a focus on capital generation and earnings improvement", said Statement of Lard Friese, CEO, NN Group.

The German reinsurer HANNOVER Re reported a 10.3% increase in Group net income for the third-quarter 2014, to EUR 695.4 million, while the operating profit (EBIT) rose by 10.7% to EUR 1.09 billion.

American International Group, Inc. today reported net income of USD 2.2 billion for the quarter ended September 30, 2014, up slightly from the prior-year quarter. After-tax operating income was USD 1.7 billion for the third quarter of 2014, up from USD 1.4 billion in the prior-year quarter.

AON Benfield, the global reinsurance intermediary and capital advisor of AON plc announced today it has acquired SAFE Brokers to strengthen its investment in the Greek and Cypriot markets. Founded in 2011 by Stelios ASSARIOTIS and Manolis SIATOUNIS, SAFE Brokers is an independent reinsurance broker with facultative and treaty premium of approximately EUR 15 million from Greece and Cyprus.

Insurance brokerage company AON announced today that its net income attributable to shareholders increased by more than 20% in the third quarter of 2014, up to USD 309 million (USD 1.04 per share) compared with USD 256 million (USD 0.82 per share) for the prior year quarter, while total revenue increased 3% y-o-y to USD 2.9 billion.

"Aviva's turnaround is delivering. Our key metrics have improved again. Year to date, our net asset value is 10% higher; value of new business is up 15% and the general insurance combined ratio improved to 95.9%", Mark Wilson, Group Chief Executive Officer said.

Bahrain based reinsurer TRUST Re received A- rating for counterparty credit and insurer financial strength from Standard & Poor's, with stable outlook.

MARSH & McLennan Companies (MMC) reported for the third quarter of 2014 consolidated revenues of USD 3.1 billion, or 7% more, compared to Q3 2013. For the analyzed period, operating income rose by 10% to USD 445 million, while the net income attributable to the company was USD 297 million (or USD 0.54 per share) compared to USD 253 million (or USD 0.45 per share), in the previous year. "The Company delivered its thirteenth consecutive quarter of double-digit growth in adjusted earnings per share", MMC President and CEO Dan GLASER said.

MetLife reported operating earnings of USD 1.8 billion, up 22% over the third quarter of 2013. On a per share basis, operating earnings were USD 1.60, up 19% over the prior year quarter. Operating earnings in the Americas grew 14%. Operating earnings in Asia increased 19% both on a reported and constant currency basis. Operating earnings in Europe, the Middle East and Africa (EMEA) increased 13% on a reported basis and were up 20% on a constant currency basis.

Willis Group Holdings plc, the global risk advisor, insurance and reinsurance broker, today reported results for the three and nine months ended September 30, 2014. Willis recorded total commissions and fees growth of 2.1% in the third quarter of 2014, and organic commission and fee growth of 2.5%.